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Tag: GPLET
AG takes Tempe to court over lease agreements with developers
(Wikimedia Commons/Daderot) The Attorney General’s Office wants the Arizona Supreme Court to weigh in on whether property tax incentives in lease agreements that the City of...
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Commercial real estate industry secures major wins in 2018 session
The 2018 state legislative session was very productive for the commercial real estate industry. The biggest victory was a grand compromise on GPLET (Government Property Lease Excise Tax) reform. A...
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AG finds Tempe might have violated state law in lease deal
The Attorney General’s Office has found that while a lease agreement the city of Tempe signed with a hotel developer does not violate state law, another agreement signed with a...
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Leach sics AG on Tempe over allegation of illegal tax breaks
A Tucson Republican has followed through on a threat to ask the Attorney General’s Office to investigate whether Tempe broke the law in signing two lease agreements with developers he...
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Ending tax subsidies won’t mean an end to development
Authorities debate whether lavish economic development incentives are worth the price
Arizona’s city, county and state governments are handing out billions in economic development incentives to attract business — but not without resistance from critics who dispute their necessity. Incentives are...
